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Falls in land prices slow / Low interest rates, tax breaks help reduce declines from disaster

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Year-on-year falls in domestic residential and commercial land prices slowed, according to a Land, Infrastructure, Transport and Tourism Ministry report released Wednesday. As of July 1, residential land prices dropped 2.5 percent on average from a year earlier, compared with the 3.2 percent decline in last year's survey, and commercial land prices were down 3.1 percent against the 4 percent fall, the ministry said. (Yomiuri)

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